Era: I have a two-world door

Chapter 652, Hidden Dangers

Wang Qingsong and his companion drove to Harbour City and parked directly on the fourth floor.

Harbour City followed the architectural features of later generations, with the fourth floor and rooftop serving as parking lots, which were also the only places where parking was available.

There's no way around it; land is just too scarce on Hong Kong Island.

Moreover, it's a plot of land near Victoria Harbour.

After getting out of the car, Wang Qingsong had just stood up when he heard a gunshot.

He instinctively stopped Du Wanting.

He only relaxed when he saw a large crowd gathered there.

Seeing this, Du Wanting laughed and said, "It's alright, the film company is just renting the space to shoot a movie there!"

Wang Qingsong peeked out.

He laughed and said, "When did you get this? It wasn't here last time I came!"

Du Wanting, carrying her bag, said, "It must have been recently! I was quite startled when I came here last time. Do you want to go and check it out?"

Wang Qingsong nodded, smiled, and walked over.

Looking at the scene of the gunfight here.

The film industry in Hong Kong is not particularly developed yet.

Part of the reason is that not every household here owns a television.

Another reason is that Hong Kong films these days are really bad, mainly educational films and Western movies.

Locals prefer theaters, so cinemas on Hong Kong Island are still mainly traditional theaters.

As for what young people want to watch?
sorry!
Not for sale!

It only really took off in the last few years.

With martial arts films leading the way, followed by gunfight films and romance films, this marked the beginning of the development of Hong Kong cinema.

Wang Qingsong watched the characters' dialogue.

It was interesting, but also felt a bit strange.

After all, movies are edited, so it looks strange now.

After watching from a distance for a while, the two of them left together and went to the third floor.

The third floor is mainly for eating and entertainment.

The first and second floors are filled with shops selling all kinds of clothes, jewelry, and the like.

"Does it feel different?"

Du Wanting looked at the shops in the mall and asked him a question with a smile.

Wang Qingsong also looked around.

Hearing this, she nodded slightly: "It's different! At least it looks much more comfortable."

He doesn't come to Harbour City very often.

Previously, the occupancy rate was either low due to renovations or other reasons.

After so much time, things have changed significantly, and it looks much more upscale than other parts of Hong Kong Island.

It's the same as the building I owned before.

They all use fully transparent floor-to-ceiling glass doors, and the lights are all LED lights.

In this era, most doors were either roller shutters or doors that were half glass.

In contrast, Harbour City looks much more upscale.

It has its own unique features compared to high-end hotels like the Peninsula.

I wandered around the third floor and then went to the first floor.

The first floor mainly sells jewelry, cosmetics, watches, and high-end shoes and bags.

They also have their own shops on the first floor selling things like mobile phones, computers, and calculators.

"Aunt!"

Now that we're here, we definitely need to go to Du's mother's place.

The future mother-in-law!

Du's mother was in the clothing store when she heard this and turned to look.

He put down what he was holding and said with a smile, "Ah Xuan! What brings you all here?"

Wang Qingsong smiled and said, "I'm not very busy today. Wan Ting is off work, so I'm accompanying her to do some shopping."

After saying that, he looked at the shop.

There aren't many types of clothing available.

But after it was displayed, it looked very pleasing to the eye.

In recent years, Du's mother has spent a lot of money hiring designers based on his advice.

Of course, the things they sell are ridiculously expensive.

It's like they don't open for business for three years, but when they do, they live off it for three years.

Business is alright, but not particularly outstanding.

Pulling himself back to reality, he asked, "Auntie, how's the matter I asked you to consider going?"

He had previously purchased a property from a long-established French luxury brand.

However, if you want to grow the business, you need a professional to manage it.

Since Du's mother works in this field, it is actually the most suitable person for her to manage it.

Hearing this, Mrs. Du smiled and said, "Yes, I've thought it over. We'll do it your way."

Wang Qingsong smiled and said, "Alright, since you agree, let's proceed with the plan I gave you before."

Upon hearing this, Du's mother hesitated for a moment: "Are you sure? Your idea is good, but if we do it this way, won't it all be for nothing?"

"It's okay, let's try it first!"

Wang Qingsong said nonchalantly.

His approach was naturally to advertise.

This advertisement is somewhat special; it's a designer competition.

He wants to hold a designer competition on Hong Kong Island.

Moreover, this advertisement has already been used to recruit people in regions where traditional luxury goods are popular, such as France and the United States.

The first prize is a whopping $10.

This price is not low for a designer.

It's important to know that the average American earns only about $4000 a year, so this amount of money is equivalent to more than twenty years' worth of wages.

Even if a designer's salary is several times higher than that of an average person, that's still incredible.

Moreover, the people they invited were all famous.

Popular American stars, French and Italian stars, and kings and the like.

A total of 10 people were invited to be judges.

This is where the real money is going.

There were some people they couldn't invite, so they asked some bigwigs in the Hong Kong government to bring people over.

After all, this is also a meaningful thing for the Hong Kong government.

These things have already been taken care of in advance.

In addition, advertising is naturally indispensable.

Looking at him hesitantly, Du's mother said, "This will cost a lot of money! Since you're willing to try, then give it a shot!"

Wang Qingsong smiled and nodded.

Then, as if remembering something, he asked, "Oh, by the way, how's the movie thing I asked you to ask about last time?"

Since we're building a brand, movie endorsements are a must!
He gave Du Wanting a document containing information on films that had sold over 100 million copies worldwide in recent years, as well as the top five films at the box office each year.

It allows you to make money and also provides advertising for your brand.

How could he possibly let this go?

Du Wanting nodded.

"The films you asked me to invest in have all performed very well. The best one is The Sound of Music, which grossed $1.59 million at the box office. As for 'Butch Cassidy and the Sundance Kid' and 'The Godfather,' there's no news yet. There's no news from any film companies about making them."

Wang Qingsong nodded slightly upon hearing this: "We'll find the male and female leads from The Sound of Music to be our spokespeople."

They are the biggest investors, so they will give them this much face.

As for "Butch Cassidy and the Sundance Kid" and "The Godfather," they were released in 69 and 72 respectively, so there's still time.

They will invest in all future box office champions, and they can also insert advertisements.

With such subtle influence, it's hard for a brand not to become popular.

Whether it can surpass established brands is another matter entirely.

Du Wanting agreed: "Okay, I'll have someone over there make contact."

Listening to what the two were saying, Du's mother blinked.

He knew Wang Qingsong was rich.

But talking about hundreds of millions of dollars right in front of her is terrifying, even if it's for the Hill brand. Wang Qingsong came to his senses and said, "Auntie, let's leave the company matters here for now. You and Wan Ting can discuss it when you have time."

Mrs. Du snapped out of her daze and agreed, "Okay! I understand!"

After agreeing on the terms, they said goodbye and left.

I also took a look at the stores that sell their own products.

Overall, it's quite good.

No one did do anything foolish enough to provoke them.

Du Wanting bought a lot of things here, which satisfied her desire to go shopping.

With her net worth, there are countless companies and brands that directly serve her, but the feeling of personally shopping is completely different.

……

At noon, the two ate at a restaurant in Harbour City.

We ate Shanghai cuisine.

While eating, Wang Qingsong suddenly remembered something and said, "By the way, I have something to tell you. If the price of gold rises in the future, what are some ways to make money?"

In less than four years, the Bretton Woods system will collapse.

Decoupling from the US dollar.

Gold is entering an upward cycle, with an annual return of 30%.

Unfortunately, there have been no gold futures contracts in recent years.

Otherwise, it would be a great opportunity.

Once you reach a certain size, an annual return of 30% is an incredibly impressive figure.

Besides venture capital firms.

He was bound to get involved in such a great opportunity.

Upon hearing this, Du Wanting was puzzled: "Gold prices are rising? Why do you say that? I haven't heard of this! Short-term fluctuations in prices aren't that significant."

Wang Qingsong was pondering how to bring up this matter.

After thinking for a moment, he said, "I don't know how to tell you. I heard it from someone else."

He then stated, "The gold standard itself is flawed. The dollar, pegged to gold, enjoys a special status, amplifying its influence on the world economy. While enjoying the benefits, they also bear responsibilities."

They need to assume the responsibility of maintaining the gold exchange parity, which can be maintained when people have full confidence in the dollar and the dollar is relatively scarce;

When people experience a crisis of confidence in the US dollar, and there are too many dollars to hold, leading to demands for their exchange for gold, the fixed parity between the dollar and gold becomes unsustainable.

Du Wanting nodded thoughtfully: "That makes sense. What do you mean by that?"

Seeing this, Wang Qingsong continued to explain: "Right now, Great Britain is mired in a quagmire in the Monkey Country, with a huge fiscal deficit, a deteriorating international income situation, and the credibility of the US dollar being impacted, leading to multiple dollar crises. A large amount of capital is fleeing."

If another dollar crisis erupts and gold reserves flow out excessively, the dollar will lack the ability to maintain the official price of gold. A free float of gold in the future is highly likely.

In fact, signs of the collapse of the Bretton Woods system will appear next year.

In March 1968, the trading volume in the London gold market reached a record high of 350 to 400 tons.

There are no futures contracts now; all transactions are physical gold trading.

Based on the current price of gold.

It's actually not expensive.

At $35 an ounce, one ton would cost $112.5 million.

It's cheap, really cheap.

Also this month, the US dollar implemented a dual-price system.

The official exchange rate is set at $35.2 per ounce, while private transactions are governed by market rates.

While the dual-price system maintained the Bretton Woods system in the short term, it also undermined the foundation of the Bretton Woods system and accelerated the dollar's credit crisis.

At that time, the volume of gold transactions had reached $42.

After a year, he was almost ready to start.

After listening, Du Wanting pondered for a moment.

He then said, "What you're saying is just a guess; the possibility isn't very high!"

Seeing this, Wang Qingsong smiled and said, "I have my own channels. Think about it, is there any good way? Is buying physical gold the only option?"

Upon hearing this, Du Wanting thought for a moment.

He said, "If, as you say, gold does indeed have a floating exchange rate in the future, then the US dollar may depreciate against global currencies, thereby curbing inflation. In that case, buying gold wouldn't be a bad idea."

After purchasing gold, it can be used as collateral at a bank to obtain a loan.

The increase in gold prices can offset loan interest payments, and if the increase is significant enough, it can be very profitable. Besides, gold has many other uses.

Wang Qingsong raised an eyebrow upon hearing this.

He knew that from the collapse of the Bretton Woods system until 1980, gold prices had increased 23 times.

This is a very scary number.

Hong Kong Island's property market did not increase 23 times by 1980.

After thinking for a moment, he said, "Alright then, you can allocate some funds and see how to proceed! I'm not forcing you. Don't touch the money you set aside for now."

Besides gold, he has many other profitable industries.

He plans to use most of his earnings for venture capital.

Putting everything else aside, Walmart is going public in the next few years.

A 4900-fold increase in 25 years is terrifying to even think about.

When it comes to several rounds of financing, diluting shares is definitely not an option. When more money is raised, he will also increase his equity stake.

At worst, we can use other venture capital firms to invest.

In 85, Walton became the richest man in the United States.

How could he miss this opportunity?

However, he did it secretly, because over the past few years, through various means, he has diluted his shareholding to about 10%.

As for the other shares, they were all controlled by him through "transfer".

They even secretly acquired 3% of one of their shares.

He now owns 52% of Walmart, giving him control, and he can replace anyone he wants.

Even the boss.

In addition, Intel, a future tech giant, will also be established next year.

These two are semiconductor technology giants.

Intel will be established next year.

His original intention was to absorb what he could, and if he couldn't absorb it, he would still invest.

He had done his research.

When Intel went public, its market capitalization was $3000 million.

The founder holds 35% of the shares, institutional investors hold 42%, and the remaining shares are outstanding.

He definitely wants to take over the 42% stake held by institutions.

The circulating shares can also be absorbed gradually.

If we let him really grow his business, he could make a lot of money.

The next few years will be the time for some tech giants to get started, and he can't afford to miss it.

Du Wanting smiled and nodded: "Don't worry, this money hasn't been touched. It's in the stock market as you said, buying low and selling high. I really don't know why you care so much about these companies."

Wang Qingsong smiled upon hearing this: "It's not that I have confidence in the company, but rather in the people!"

Du Wanting smiled and shook her head, then said, "Oh, by the way, Spock gave me a proposal a few days ago to build four new wafer fabs, totaling $926 million. I've already approved it."

Hearing this, Wang Qingsong nodded slightly: "Give him the money!"

The construction cost of a wafer fab is now over $200 million.

A batch of such projects were built previously.

It's clear that the company's semiconductor orders are likely to experience explosive growth.

He gave Spock absolute management rights at the time, but the only exception was that large sums of money required Du Wanting's signature.

This is not intended to limit Spock.

Rather, it's because they don't want things to get completely out of control.

They are generally responsive to requests.

He then said, "By the way, about the three people I mentioned, have Spock use his connections to try and win them over, even if it costs a lot. Equity is also fine."

Anyway, the incentive equity isn't particularly large.

Du Wanting hesitated for a moment, then said, "Ah Xuan, you'd better be careful. I have a feeling that Spock is planning to leave the company."

Upon hearing this, Wang Qingsong was taken aback.

Even though he had considered the possibility, he didn't expect it to happen so quickly.

P.S.: Sorry, I've been going to the hospital a lot lately, so my condition might be a bit unstable.

(End of this chapter)